GREY:ETPHF - Post by User
Post by
Kantenahon Nov 22, 2011 2:59pm
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Post# 19258453
Ladies & Gentlemen...
Ladies & Gentlemen......please take your seats as the show is about to begin.
As long as sovereign debt worries don't blow up the market, we should see a strong few weeks leading into the release of the assay results. Let's hope the Sask. lab can deliver in a timely fashion.
A lot of people have been bashing management for the delayed results, but in my opinion, they have handled a difficult situation quite well. The South African lab clearly dropped the ball. Management tried to give them some time to fix the problem, but in the end had to make the decision to move to Sask. Nothing wrong with that course of action. Lost in all of the noise about the lab is very good work keeping the drills running and building the necessary infrastructure at the site in Ethiopia.
At the end of the day, these development projects seldom run on a perfect schedule. The best that management can do is react to problems as they occur and keep pushing the project forward. The folks at FED have done this.
The longs will be rewarded here. It is only a matter of time and patience.
GLTA
-K